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AI helps UK economy grow at fastest pace for more than two years
- Truvace record
- TRV-2026-2633raw data (JSON)
- Version
- v1Published
- First published
- Evidence type
- Official statistics
- Sources
- 1 sourceJournalism
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The UK economy grew by 0.7% in the third quarter, its fastest expansion in two and a half years, as the rollout of AI services increased activity. The Office for National Statistics reported that the economy “grew robustly” in the July to September quarter, almost entirely due to strong and widespread growth in the services sector, led by the IT sector. The quarterly growth rate matched economists’ expectations, and was the fastest recorded since the first three months of 2024, when GDP also rose by 0.7%. In a b…
The gain
The ONS reported UK GDP grew 0.7% in July to September 2026, the fastest in two and a half years, with the IT sector growing 2.1% and AI and cloud businesses reporting the largest turnover increases.
What this doesn’t fix
Economists cautioned that growth may not last: the Resolution Foundation said resilience will be severely tested by rising inflation and interest rates, and ING noted IT output actually fell through August and September.
Sources
1 on file- The Guardiantheguardian.com
Cite this record
v1Truvace Impact Record TRV-2026-2633, v1: “AI helps UK economy grow at fastest pace for more than two years.” Truvace, 2026-11-12. /record/TRV-2026-2633 (accessed on the day you copy it). sha256 83203de8c0f1b8e0…
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